News

Bosnian journalists protest after brutal attack on reporter

Denitsa Koseva in Sofia August 29, 2018

BN TV reporter Vladimir Kovacevic was beaten up in front of his home after reporting on protests seeking justice for 21-year-old David Dragicevic, who died under suspicious circumstances in March.

Rouhani appears in Iranian parliament to explain government shortcomings in addressing economic turmoil

bne IntelliNews August 28, 2018

Iranian president tried to inspire unity among centrists, moderate conservatives and hardliners by blaming "this bunch of anti-Iranian officials in the White House", but lawmakers were unconvinced.

Second phase of US sanctions ‘to tip Iran back into recession’

Will Conroy in Prague August 28, 2018

Analysts at Oxford Economics forecast Iranian economy will contract by 3.7% in 2019 as Washington blocks Islamic Republic’s lifeline oil exports.

Russia's Yandex to test run driverless cars in Tatarstan

bne IntelliNews August 28, 2018

Russia's internet major Yandex and the government of the federal republic of Tatarstan signed an agreement on development of driverless transportation, under which Yandex will create a test zone for driverless vehicles in Innopolis, Kazan.

“Turkey pretty much untradable” says BlueBay

bne IntelliNews August 28, 2018

Investors badly need some clarity on economic policy moving ahead concludes analyst as lira resumes its slide.

Russian Kalashnikov amuses media with retro-supercar concept

bne IntelliNews August 28, 2018

The producer of the legendary AK-47 machine gun presented a concept "electric supercar" at the international forum Army-2018. The retro look light-blue model was billed as a Russian rival to Tesla.

Russian tycoon Abramovich cuts stake in main TV channel, said to sell Chelsea football club

bne IntelliNews August 28, 2018

London-based billionaire Roman Abramovich is considering selling his stake in Chelsea football club and has been forced to sell part of his holding in Russia's First Channel after taking Israeli citizenship.

US Navy warned to steer clear of Strait of Hormuz by Iranian naval commander

bne IntelliNews August 28, 2018

Stern words follow Iran’s threats to blockade waterway if Washington sanctions take toll on country’s lifeline oil exports.

Western Balkans ministers push regional economic integration at Durres meeting

bne IntelliNews August 28, 2018

Creating a regional economic zone is seen as a way to boost trade and investment and has been strongly encouraged by EU officials.

Busting Nord Stream 2 myths

Ben Aris in Berlin August 27, 2018

The proposed expansion of the Nord Stream gas pipeline in Europe’s north, running from Russia’s Yamal gas fields to the German coast, has split Europe down the middle.

Russian supermarkets max out store penetration, switch focus to profits

Ben Aris in Berlin August 27, 2018

After a decade of growth, Russian supermarket chains are running up against constraints to growth – both in terms of saturation in local markets and market share limits – and are switching their focus from organic growth to higher profits.

Business confidence sours in Turkey, index turns negative in August

bne IntelliNews August 27, 2018

With analysts warning that a recession is ahead, sentiment falls to the lowest level seen in four and a half years.

Belarus fails to become gambling paradise

bne IntelliNews August 27, 2018

Since Russia closed down its casinos and banned gambling in all but four far-away enclaves, cardsharps have been looking for a new home. They might have found it in Minsk, the Belarusian capital.

Turkish lira off to a stomach-churning start after holiday

bne IntelliNews August 27, 2018

With political and economic challenges far from resolved, currency loses more than 3% by late afternoon.

US not against territory swap between Serbia and Kosovo

bne IntelliNews August 27, 2018

National security advisor John Bolton says Washington won't stand in the way of a potential deal between Belgrade and Pristina despite warnings from German Chancellor Angela Merkel that a land swap could destabilise the Balkans.

Microsoft probed over software sales in Hungary

bne IntelliNews August 27, 2018

US SEC investigators are looking into whether middleman companies selling Microsoft software in Hungary paid bribes and kickbacks to government officials.

Russia to auction half of crab fishing quotas

bne IntelliNews August 27, 2018

Russia will e-auction 50% of the crab fishing quotas for 2018-2019 to create conditions for the entry of new players

Striking Croatian shipyard workers take protest to Zagreb

bne IntelliNews August 27, 2018

Workers from the Uljanik shipyard in Pula will rally outside the government headquarters to demand their salaries are paid months after the EC approved state support for the troubled shipbuilder.

Iranian MPs fire economic affairs minister for failures amid financial turmoil

bne IntelliNews August 26, 2018

Lawmakers, disgruntled at what they see as a lack of government preparation in advance of US sanctions, claim a second scalp in less than a month. President Rouhani now set to appear before them within days.

Hungarian PM’s son-in-law takes huge chunk in BSE-listed company

bne IntelliNews August 24, 2018

Hungarian PM Viktor Orban son-in-law takes huge chunk in BSE-listed company confirming business links to the Meszaros family for the first time

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